Back by popular demand on the podcast: James Lenhoff! You all loved James’ straightforward, no-nonsense approach to finances so much that I invited him to join me again. 

I brought him your questions about money in relationships, how to take ownership of your finances once and for all, how to handle a raise, and what he spends money on with his family to improve their lives.  

A quick rundown on what we cover in the episode:

• Reframe the way you approach the holidays by asking this one question

• How to find a compelling purpose for your money 

• Why following expert money advice isn’t always the best idea

• Wanting from a place of abundance vs scarcity

• James’ take on what to do if your partner is in debt, if people should have a “Fuck Off Fund,” why things shouldn’t be 50/50 in a relationship, what to do when you get a raise, and the first step that you should take if you currently have no money management system in place 

• Why “I didn’t sign up for this” -- and other seemingly innocent little thoughts can be so detrimental

• What laughter has to do with coaching -- and how to know if you’re not coachable 

• What to track instead of your income

• The best time to get into the stock market

• How productivity saves money and how to learn how to delay gratification  

Resources

• Money communities, unflappability, and generosity with James Lenhoff

• Quicken (paid) and Mint.com (free)

The 8-minute exercise that I mention on the episode:

For each category below, spend 1 minute (no more -- set a timer) coming up with something that you want that feels totally impossible for you to have. It can be physical or non-physical; a thing, a belief, an experience, etc. Anything goes, but just one thing per category:

1. Self confidence


2. Career


3. Finances


4. Productivity + time management


5. Community + Relationships


6. Health and wellness


7. Creativity


8. Physical environment (city, home, possessions, etc)


Use this sentence to guide you: "It feels impossible, but in my [category above], I want __________." You can also use this one: "If I had a magic wand, I would wish for ____________."